185
185
Dec 27, 2012
12/12
by
KGO
tv
eye 185
favorite 0
quote 0
to work out a deal to keep the country from going over that fiscal cliff next week, which would send taxes soaring while slashing spending. >>> meanwhile, hollywood has something to celebrate as we close out 2012. it's been a very big year in the movies, with the number of tickets sold in the u.s. up for the first time in three years. the domestic box office take is set to hit a record $10.8 billion, with ticket sales up 5.6%. quite an accomplishment in the age of impressive home theaters. >>> meanwhile, when we come back, travelers weren't the only ones fed up with holiday deals. what an angry pilot had to say to his passengers about the matter. >>> also, proof that you do not have to be a kid to get excited over your christmas present. you really have to stay tuned for this. the family behind this viral video is sharing their joy. how do you do that? well, inside the brewer, there's this train that's powerful enough to carry more coffee and fresh water to make coffee that's stronger and bigger... and even hotter! actually, i just press this button. brew the coffee you love -- stronger, b
to work out a deal to keep the country from going over that fiscal cliff next week, which would send taxes soaring while slashing spending. >>> meanwhile, hollywood has something to celebrate as we close out 2012. it's been a very big year in the movies, with the number of tickets sold in the u.s. up for the first time in three years. the domestic box office take is set to hit a record $10.8 billion, with ticket sales up 5.6%. quite an accomplishment in the age of impressive home...
208
208
tv
eye 208
favorite 0
quote 0
but congress can undo those tax hikes if the house passes the senate's bill. vice president biden, who was instrumental in brokering the deal, told reporters he's hopeful it can get through the house but you never know. >> you shouldn't predict how the senate will vote before they vote and number two, you surely shouldn't predict how the house is going to vote. >> reporter: it would extend tax cuts for all workers earning under $400,000 and raise taxes on people above that level and prevent a big tax hike in an estate valued at less than $5 million and extend unemployment benefits for 2 million people. the house will take it up later this morning, the hope is that chamber can pass it before the economy is rocked by the tax hikes. >> happy new year. i feel very, very good. >> reporter: president obama called the senate vote the right thing to do for the country and he encouraged the house to pass it right away. >> all right, abc's tahman bradley reporting from washington. thanks. have a very happy new year. we know you're going to be today, tahman. >> same to y
but congress can undo those tax hikes if the house passes the senate's bill. vice president biden, who was instrumental in brokering the deal, told reporters he's hopeful it can get through the house but you never know. >> you shouldn't predict how the senate will vote before they vote and number two, you surely shouldn't predict how the house is going to vote. >> reporter: it would extend tax cuts for all workers earning under $400,000 and raise taxes on people above that level and...
189
189
Dec 28, 2012
12/12
by
KGO
tv
eye 189
favorite 0
quote 0
. >> reporter: the fiscal cliff would bring massive tax increases and deep spending cuts. the treasury department would have trouble paying its bills. many economists worry the financial woes would plunge the u.s. back into a recession. just one possible effect of the fiscal cliff. milk prices could spike $2 or $3 a gallon, because farm programs will expire at the end of the year. some are calling that dairy cliff. live in new york, wendy gillette. >> wendy gillette in new york. thank you. >>> the country has lost one of its great warriors. tributes are pouring in this morning for retired general norman schwarzkopf. the general died yesterday in tampa after a battle with pneumonia. schwarzkopf commanded "operation desert storm" that drove iraqi forces from kuwait. in retirement, he championed causes. norman schwarzkopf was 78. >>> now, to former president george h.w. bush's condition. his chief of staff says he will be in the hospital for a while. the 41st president is recovering from a terrible case of bronchitis with a series of complications. she says that mr. bush is g
. >> reporter: the fiscal cliff would bring massive tax increases and deep spending cuts. the treasury department would have trouble paying its bills. many economists worry the financial woes would plunge the u.s. back into a recession. just one possible effect of the fiscal cliff. milk prices could spike $2 or $3 a gallon, because farm programs will expire at the end of the year. some are calling that dairy cliff. live in new york, wendy gillette. >> wendy gillette in new york....
201
201
Dec 30, 2012
12/12
by
KGO
tv
eye 201
favorite 0
quote 0
forcing tax increases and lactose intolerance on america this morning. jon by the way has a big show. senators chuck schumer and jon kyl on "this week." a lot of news developing overnight. we go to mr. ron claiborne who has extraordinary videotape. >> out of russia. a plane crash outside of moscow. we'll begin with this stunning video. the plane overshot the runway and careened into traffic and abc has the story. >> reporter: you're about to see the terrifying moment of impact as the russian passenger jet slams into a busy highway. watch again. you can see the plane's tire colliding with the moving car. and listen closely. you can hear the squealing brakes and crushing metal. the crash took place on saturday at an airport outside moscow. the red wing's airline's flight broke through a barrier fence shattering into three pieces and bursting into flames before skidding to a stop at the edge of the highway. witnesses rushed to pull survivors out of the wreckage. the russian made tupolev 204 was flying back from the czech republic with no passengers and eigh
forcing tax increases and lactose intolerance on america this morning. jon by the way has a big show. senators chuck schumer and jon kyl on "this week." a lot of news developing overnight. we go to mr. ron claiborne who has extraordinary videotape. >> out of russia. a plane crash outside of moscow. we'll begin with this stunning video. the plane overshot the runway and careened into traffic and abc has the story. >> reporter: you're about to see the terrifying moment of...
198
198
Dec 29, 2012
12/12
by
KGO
tv
eye 198
favorite 0
quote 0
extending tax cuts for those making $250,000 or less. and continuing unemployment benefits for the millions who will lose them when the new year strikes. >> that's the bare minimum that we should be able to get done. >> reporter: it's clear whatever happens, there is no time, now, for a grand bargain on the even tougher issues. cutting spending and raising the debt ceiling. >> we're going to end up with a small, kick the can down the road bill, that creates another fiscal cliff to deal with this fiscal cliff. how irresponsible is that? >> reporter: and as washington's still, the stock market burns. dropping for a sixth-straight day under all this uncertainty. americans are burning up, too. >> this is america. they should be working for the american people. >> the parties are trying to outdo each other. >> can't believe we got this close. >> get in a room and don't come out of the room until you've got this thing taken care of. >> reporter: now, senate leaders say they hope to have a plan they can bring to the senate tomorrow. and by tomo
extending tax cuts for those making $250,000 or less. and continuing unemployment benefits for the millions who will lose them when the new year strikes. >> that's the bare minimum that we should be able to get done. >> reporter: it's clear whatever happens, there is no time, now, for a grand bargain on the even tougher issues. cutting spending and raising the debt ceiling. >> we're going to end up with a small, kick the can down the road bill, that creates another fiscal...
283
283
Dec 31, 2012
12/12
by
KGO
tv
eye 283
favorite 0
quote 0
the tax impact for the average american family is more than $3400. senate leaders continue to work on the stop gap bill. the sticking points remain. >> there is still significant distance between the two sides. negotiations continue. >> negotiations will continue through the night. now with just hours to go until the deadline. abc news, washington. >>> as the government teeters on the edge of the fiscal cliff, you might want to change your tax strategy. coming up at 11:35, advice from 7 on your side's michael finney. >>> the leaders in the house and the senate did agree on something today. they extended the 2008 farm bill for one more year. that bill expired in october. milk prices could have doubled to $7 a gallon next month if lawmakers failed to extend it. the agreement prevents the government from returning to a 1948 formula to set milk prices. some economists call this the dairy cliff. >>> today was the last sunday for free meter parking in san francisco. next sunday you will have to pay from noon to 6:00 p.m. atish ifer man's wharf from noon un
the tax impact for the average american family is more than $3400. senate leaders continue to work on the stop gap bill. the sticking points remain. >> there is still significant distance between the two sides. negotiations continue. >> negotiations will continue through the night. now with just hours to go until the deadline. abc news, washington. >>> as the government teeters on the edge of the fiscal cliff, you might want to change your tax strategy. coming up at 11:35,...
166
166
Dec 31, 2012
12/12
by
KGO
tv
eye 166
favorite 0
quote 0
the tax impact for the average american family is more than $3400. senate leaders continue to work on the stop gap bill. the sticking points remain. >> there is still significant distance between the two sides. negotiations continue. >> negotiations will continue through the night. now with just hours to go until the deadline. abc news, washington. >>> as the government teeters on the edge of the fiscal cliff, you might want to change your tax strategy. coming up at 11:35, advice from 7 on your side's michael finney. ders in the hte did agree on something today. they extended the 2008 farm bill for one more year. that bill expired in october. milk prices could have doubled to $7 a gallon next month if lawmakers failed to extend it. the agreement prevents the government from returning to a 1948 formula to set milk prices. some economists call this the dairy cliff. >>> today was the last sunday for free meter parking in san francisco. next sunday you will have to pay from noon to 6:00 p.m. atish ifer man's wharf from noon until 7:00 p.m. the city set u
the tax impact for the average american family is more than $3400. senate leaders continue to work on the stop gap bill. the sticking points remain. >> there is still significant distance between the two sides. negotiations continue. >> negotiations will continue through the night. now with just hours to go until the deadline. abc news, washington. >>> as the government teeters on the edge of the fiscal cliff, you might want to change your tax strategy. coming up at 11:35,...
265
265
Dec 24, 2012
12/12
by
KGO
tv
eye 265
favorite 0
quote 0
>> the biggest question here is, big tax increases for everybody. the automatic spending cuts to the pentagon have huge ramifications. and most economists would say if this happens, there's major risk that the economy goes back into recession. >> jon karl, not the news we wanted to hear. thank you. >>> now to paula faris with the top stories. good morning. >> merry christmas eve to both of you. good luck with the shopping. >> we need it. >>> we begin in afghanistan. for the first time ever, a female officer is the one who opened fire. an afghan policewoman shot and killed a u.s. military adviser just outside the police head quarters in kabul. >>> vietnamese fishermen rescued a florida man on a disabled yacht. he and three others were towing the yacht from the philippines when the tow rope broke. >>> a senator from idaho is apologizing this morning after he was arrested over the weekend for driving drunk. mike crapo has said previously he does not drink. >>> there's no evidence this morning we don't feel good about the economy. a new abc news/"washin
>> the biggest question here is, big tax increases for everybody. the automatic spending cuts to the pentagon have huge ramifications. and most economists would say if this happens, there's major risk that the economy goes back into recession. >> jon karl, not the news we wanted to hear. thank you. >>> now to paula faris with the top stories. good morning. >> merry christmas eve to both of you. good luck with the shopping. >> we need it. >>> we begin in...
263
263
tv
eye 263
favorite 0
quote 0
estate tax in familiar. and it was at 35% right now. democrats wanted to raise it to 45%. it looks like it will be 40%, beginning with $5 million. above my head. >> senate getting ready to vote now and then goes to the house and we'll see what happens there. >> yes. and they reconvene at noon today. no football games for them, right? >>> this holiday will be another day in the hospital for secretary of state hillary clinton after doctors discovered a blood clot in her head. she's being treated in a manhattan hospital. wendy has the latest from new york. >> reporter: hillary clinton's doctors say they detected a clot in the vein between her brain and skull. >> if it dislodges, it could cause a stroke. doctors say there's no sign of that right now. >> reporter: it did not result in a stroke or neurological damage. she's being treated with blood thinners to help dissolve the clot. she's expected to make a full recovery. the doctors add that she's in good spirits and is making excellent progress. clinton's medic
estate tax in familiar. and it was at 35% right now. democrats wanted to raise it to 45%. it looks like it will be 40%, beginning with $5 million. above my head. >> senate getting ready to vote now and then goes to the house and we'll see what happens there. >> yes. and they reconvene at noon today. no football games for them, right? >>> this holiday will be another day in the hospital for secretary of state hillary clinton after doctors discovered a blood clot in her head....
737
737
tv
eye 737
favorite 0
quote 0
technically everybody's taxes have already gone up. the tax cuts have expired. but if the bill can pass in the house in the next day or two, the tax cuts can be made retroactive. the bill, if it passes, would extend tax cuts for all workers earning under $400,000. it would prevent a big tax hike estates values at less than $5 million and it would extend unemployment benefits set to expire today for some 2 million people. even as they closed in on that deal yesterday, congressional republicans were not happy with what they heard from president obama who held a campaign-style event at the white house. >> i'm going to be president for the next four years, i think. >> reporter: effectively continuing the partisans' bickering we've long seen. >> time to stop the cheerleading and campaigning. >> i know the president enjoys heckling and having pep rallies to get congress to act instead of sitting down and negotiating. >> reporter: now the big new year's test, can it pass in the house? for "good morning america," jonathan karl, abc news, washington. >>> president obama
technically everybody's taxes have already gone up. the tax cuts have expired. but if the bill can pass in the house in the next day or two, the tax cuts can be made retroactive. the bill, if it passes, would extend tax cuts for all workers earning under $400,000. it would prevent a big tax hike estates values at less than $5 million and it would extend unemployment benefits set to expire today for some 2 million people. even as they closed in on that deal yesterday, congressional republicans...
219
219
Dec 26, 2012
12/12
by
KGO
tv
eye 219
favorite 0
quote 0
and then there's the issue of the fiscal cliff and higher taxes. >> i think the worries of what we're going to be dealing with at the end of the year has curbed our spending, for sure. >> reporter: retailers today are trying to outdo one another with deals, often better than what was offered the day after thanksgiving. amazon offering a 46-inch tv, marked down 44% for just $338. best buy is cutting the price of a nikon camera. and a cashmere sweater from bloomingdale's, just $89.99. last year shoppers spent more than $7 billion on the day after christmas. bargains have become a post holiday tradition. whether you're shopping in stores or surfing for discounts and free shipping from online venders, retailers are looking for you on what may be the fifth busiest shopping day of the year. brad wheelis, abc news, los angeles. >> i think you have the right idea. we should go shopping when we're done. online venders still offering free shipping. just go online and find the coupons. it's that simple. >> yes. from shopping to the big games, coming up, we'll take a look at the nba games that we
and then there's the issue of the fiscal cliff and higher taxes. >> i think the worries of what we're going to be dealing with at the end of the year has curbed our spending, for sure. >> reporter: retailers today are trying to outdo one another with deals, often better than what was offered the day after thanksgiving. amazon offering a 46-inch tv, marked down 44% for just $338. best buy is cutting the price of a nikon camera. and a cashmere sweater from bloomingdale's, just $89.99....
516
516
Dec 27, 2012
12/12
by
KGO
tv
eye 516
favorite 0
quote 1
their taxes will go up just next year, $7,500. and lebron james, you know, the guy made about $53 million last year. his taxes, just next year, would go up $2.4 million. >> ouch. >> reporter: poor lebron. >> indeed. we say it's five days away. but the idea is, we can't get this done if they reach a deal 15 minutes before the deadline clears. are we already past the point of no return? >> we are already virtually certain that we're going to go over this fiscal cliff. these guys suddenly came to an agreement over the next few days, they could pass it at the beginning of january. and we could not see many of the impacts. but i wouldn't be optimistic about that. >> jonathan karl, i have a feeling i'll see you here around 7:07 tomorrow morning. thank you, jon. >> amy? >>> let's go to paula faris with the other top stories develop right now. paula? >> we have an update on 41. we begin with growing concern about the health of former president george h.w. bush. he has suffered a setback. mr. bush is in intensive care after doctors were un
their taxes will go up just next year, $7,500. and lebron james, you know, the guy made about $53 million last year. his taxes, just next year, would go up $2.4 million. >> ouch. >> reporter: poor lebron. >> indeed. we say it's five days away. but the idea is, we can't get this done if they reach a deal 15 minutes before the deadline clears. are we already past the point of no return? >> we are already virtually certain that we're going to go over this fiscal cliff....
315
315
Dec 28, 2012
12/12
by
KGO
tv
eye 315
favorite 0
quote 0
he wants to make sure that taxes don't go up for 98% of americans. and that some of the spending cuts don't happen. >> there's a framework of a framework of a framework. >> very well. >> you're hosting "this week" on sunday. i assume you'll have things to discuss this sunday. chuck schumer, jon kyl, joining jon karl. >>> some somber news this friday morning. we begin with the death of a true military hero. a man president obama has called an american original. he was a four-star general. but most americans simply knew him as stormin' norman. in 1990, norman schwarzkopf was a little-known army general looking towards retirement. a west point graduate and decorated officer for his service in vietnam, he spent his entire career in the army. but when iraq's dictator, saddam hussein, invaded kuwait in 1990, stormin' norman became a household name. as the leader of the u.s.-led international coalition that quickly drove iraqi forces out of kuwait, schwarzkopf achieved rock star status. he returned from the persian gulf a national hero. and was awarded the
he wants to make sure that taxes don't go up for 98% of americans. and that some of the spending cuts don't happen. >> there's a framework of a framework of a framework. >> very well. >> you're hosting "this week" on sunday. i assume you'll have things to discuss this sunday. chuck schumer, jon kyl, joining jon karl. >>> some somber news this friday morning. we begin with the death of a true military hero. a man president obama has called an american...
914
914
Dec 27, 2012
12/12
by
KGO
tv
eye 914
favorite 0
quote 0
obama and congress can reach a deal by the new year, across-the-board tax increases and deep spending cuts will be automat liically taking effect. and while the president takes his red-eye flight back here to d.c., the first lady and their daughters are staying in hawaii. >> the first couple sat down with our very own barbara walters before their vacation. we pick up their conversation with talk about their family. >> i want to talk a bit about the girls. we've been watching them grow up from little girls to young ladies. malia recently got her first cell phone. do you monitor it and see who she calls or who she texts? >> i give my daughter, at this age, i give her a long rope. and there is monitoring, because we have rules. but monitoring may be, you never know when i'm going to walk in your room and i'm going to definitely ask you, who are you talking to? and are you talking about school work? >> and they're not very good at lying. we joke sometimes about how malia is getting to the age now, boys start calling and sort of -- i always talk about how one of the main incentives for run
obama and congress can reach a deal by the new year, across-the-board tax increases and deep spending cuts will be automat liically taking effect. and while the president takes his red-eye flight back here to d.c., the first lady and their daughters are staying in hawaii. >> the first couple sat down with our very own barbara walters before their vacation. we pick up their conversation with talk about their family. >> i want to talk a bit about the girls. we've been watching them...
213
213
Dec 28, 2012
12/12
by
KGO
tv
eye 213
favorite 0
quote 0
with incomes of $174,000, they'll pay some $7,500 more in taxes. and it's not just taxes. on january 1, unemployment benefits expire for some 2 million people. you can expect one last effort, including a meeting at the white house with congressional leaders to try to prevent the fiscal cliff from happening. but with just four days left until everybody's taxes go up, there's not a lot of optimism that it can be done in time. jonathan karl, abc news, new york. >>> tributes are pouring in for retired general norman schwarzkopf. the general, nicknamed stormin' norman, died yesterday in tampa from pneumonia. schwarzkopf commanded operation desert storm, the coalition of some 30 countries that drove iraqi forces from kuwait back in 1991. in retirement, he supported charitable causes and resisting calls to run for public office. norman schwarzkopf was 78. >>> for the second time this month, a man has been pushed to his death in the path of a new york subway train. last night, eyewitnesss say a mumbling woman shoved a man onto the tracks just as the train was pulling into an eleva
with incomes of $174,000, they'll pay some $7,500 more in taxes. and it's not just taxes. on january 1, unemployment benefits expire for some 2 million people. you can expect one last effort, including a meeting at the white house with congressional leaders to try to prevent the fiscal cliff from happening. but with just four days left until everybody's taxes go up, there's not a lot of optimism that it can be done in time. jonathan karl, abc news, new york. >>> tributes are pouring in...